Industry 4.0 definition

Industry 4.0 means the enterprise engaged in big data & analytics, Artificial Intelligence, Nano Technology, Quantum computing, fifth generation wireless technologies, simulations, horizontal & vertical system integration, cyber security, cloud, additive manufacturing and augmented reality across the business value chain.
Industry 4.0 means current trend of automation and data exchange in manufacturing technologies including cyber-physical systems, the Internet of things and cloud computing;
Industry 4.0 means the possibi- lity to intensively use, assess and analyze production data within the IT (Information Technology) systems of a company’s corporate level.

Examples of Industry 4.0 in a sentence

  • All Industry 4.0 Testlabs for Australia grant recipients enter into a grant agreement with the Commonwealth.

  • Outline and priority area(s) addressed: Melbourne Polytechnic’s $50 million Future of Housing Construction Centre of Excellence (the Centre) will lead the development of a modernised national construction workforce through the National TAFE Network and the creation of leading-edge training materials and modern training methodologies in Industry 4.0 techniques, while also driving a nation-wide growth in skills development for the nascent Modern Methods of Construction (MMC) industry.

  • The Parties recognize the importance for the development of regional and global value chains of aspects such as: a better understanding of cumulation of origin, connectivity, e-commerce, digitalization and Industry 4.0, as catalysts for greater cross-border productive integration.

  • It will develop training methods and materials to uplift the technological and digital skills of traditional construction trades through Industry 4.0 techniques.

  • MMC and Industry 4.0 techniques present a significant opportunity to raise capacity and productivity in the residential construction industry.

  • Unless the EIT requests otherwise, any publicity, including at a conference or seminar or any type of information or promotional material (brochure, leaflet, poster, presentation etc.), must specify that the Sub-project has received research funding from the EIT through the RIS Industry 4.0 Hubs project and display the European and EIT emblem along with the project’s logo.

  • It is essential that grant recipients and their auditors understand the Industry 4.0 Testlabs for Australia eligible expenditure requirements because these determine whether, and the extent to which, certain costs are reportable and claimable.

  • In March 2020, the European Commission introduced the EU Industrial Strategy which aims at facilitating transition of European industry into the Industry 4.0 paradigm.

  • As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility.

  • The outputs and operation of the Centre will also work to embed Industry 4.0 techniques, focussed on modern technological integration, into the skills development of traditional trades training delivery.


More Definitions of Industry 4.0

Industry 4.0. What it means for Supply Management “ Leadership & Dinner Series, Supply Chain Management Association British Columbia, January 16, 2018